Sensata Furthers Electrification Strategy with $580M Acquisition of Dynapower
Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers. […]